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Boart to raise $246M

DRILLING company Boart Longyear has announced a $US250 million ($A246 million) senior notes offering, which will be used to repay debt.

Kristie Batten
Boart to raise $246M

The unsecured notes, due in 2021, will be offered to qualified institutional buyers in the US. The proceeds of the offer will be used to repay the $65 million term loan due in April next year, repay...

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